Insurance Principal Officer Jobs in Delhi,Jaipur - Banksathi Technlologies Pvt. Ltd.
Job Description
Responsibilities
Responsible to Establish and maintain a robust monitoring mechanism to keep abreast of the status of compliance activities of all insurance business processes within the Company.
Skills Required
• Must be expert in Insurance broking related laws and regulations prescribed by IRDAI.
• Demonstrate ability to independently draft compliance checklists, manuals and other regulatory documentation.
• Excellent communication skills (both verbal and written). Responsibilities.
• Develop and maintain regulatory policies and procedures under the Compliance Program. Manage day-to-day compliance operations of the Program.
• Review of existing business processes and ensuring all processes are IRDAI compliant. Prepare compliance status reports on a regular basis to keep the management informed of the operation and progress of compliance efforts.
• Collaborate with cross functional teams to facilitate implementation of compliance requirements at all levels/process of the organization.
• Highlight alleged violations of IRDAI laws, insurance broking rules and regulations and recommend procedures for corrective action